rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

Well if your not trading here's some easy reading!!

http://www.ichimokutrader.com/signals.html

Are those City Index's charts?

They are...

Cheers Shortie may give it a go.

Some say they're not the best but I seam to manage to use them and, well you may have seen some of my open / close calls that I've posted.

City Index certainly improved their charts over the years then.

I personally think they all link to pretty much the same feed, Hilary uses the MT4 platform which does appear to do a better job when using oscillators, apparently the programme code is better I am told..

Right time to run, I'm addicted to Clash of Clans right now and warring!!

ftse for tomorrow
confess to being surprised to see cash ftse down 30 at 6170
you chaps will know far better than me if that is a support level or, more importantly, whether that is an "artificially" low level with a bounce due in the morning
with dow again finishing comfortably above 16,000 (thank goodness) my feeling is that ftse will bounce from there
would you concur?

Google missed.

i put money with mouth on ftse at 6189.8 though only at about 07:00

=============

and limit hit at 6225, so thank you very much and a nice treat to accompany my coffee :-)

Morning all

One day bounce and then back to carnage or recovery ?

I wouldn't call it a bounce yet, what we're seeing on the FTSE is a move back to support as previously discussed (read back on this thread)..

8742 long on DAX

8768 Dax closed +26

Edited should have read 8765 Dax closed +23..

shortie - i (nearly) always bow to your far greater expertise, but for ftse, i felt 6225 was the first hurdle (jumped with comparative ease) followed by 6250 (currently holding well)

how much immediate upside remains is hard (for me) to say, but i guess much will depend on how strongly usa opens and holds
cash dow is currently 16,271 which far surpasses the major hurdle of 16195

hey shortie.. nice trade..the german 30 one....especialy that there wasn't available sell price at that level today yet... the storys here are epic.. love it.. your eyes fully brown ...:)

This is what caused yesterdays reversal on Wall St.

http://www.bloomberg.com/news/2014-10-16/bullard-says-fed-should-consider-delay-in-ending-qe.html

As for hurdles on the FTSE you have to consider that the .VFTSE is at its highest point in the last 2 years @ 25% on close, so the normal resistance broken next resistance/support scenario isn't so valid as volatility fools investors into plays they wouldn't have necessary made if the index was say at 5-10%..

6765 then, my typo...



Get a life Thomaz, rather than analysing mine!